High Tide Says Sergio Patino Leaves The Position Of CFO Effective May 1, 2024, New Candidate's Name And Biographical Information Will Be Provided In A Subsequent Press Release
Portfolio Pulse from Benzinga Newsdesk
High Tide announced the departure of CFO Sergio Patino effective May 1, 2024, with a new candidate already selected for the position. Details about the new CFO will be released later, and Patino will remain engaged with the company for a transition period.
April 12, 2024 | 10:05 am
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High Tide's CFO Sergio Patino is set to leave, with a successor already chosen. Patino will aid in the transition, ensuring a smooth handover.
The departure of a CFO can lead to uncertainty among investors, potentially affecting stock price. However, the announcement of a successor, even without details, and the planned transition period with Patino's support, mitigates immediate concerns. The impact is neutral short-term as the market absorbs the news and awaits further details on the new CFO.
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